Bitcoin ‘died’ 45 times in 2021 as media still eager to post BTC obituaries
438 Bitcoin obituaries have been counted since 2010, and the year 2017 still remains to account for most “deaths.” As Bitcoin (BTC) was hitting new historical highs above $68,000 this year, global cryptocurrency naysayers were increasingly blasting BTC for its extreme volatility and potential risks.According to Bitcoin Obituaries data by Bitcoin education portal 99Bitcoins, the original cryptocurrency was declared “dead” as many as 45 times in 2021, which is at least three times more than in 2020.Despite the growing number of Bitcoin critics in 2021, the number of obituaries is still....
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The expressed opinions in this article do not reflect those of Bitcoinist but of a guest writer. Bitcoin as an investment tool is an increasing topic of debate for spectators. It’s a clearly divisive topic that often leads to shiny new bitcoin obituaries reading, “Bitcoin is Dead!” or “Is This The End of Bitcoin?” To this date, Bitcoin has died 40 times. A site called Bitcoin Obituaries follows all the major times a newsgroup prints a story that talks about the end-times of bitcoin. It’s ridiculous. The latest article is “Why Apple Pay and Dollars are Killing Bitcoin,” by Forbes.
While bitcoin’s price has dropped to levels not seen since January 2022, a number of detractors think bitcoin is on its death bed. Data stemming from the Bitcoin Obituaries list shows the leading crypto has died seven times in 2022, outpacing the first three years of obituaries by year written by bitcoin haters. The last obituary written about bitcoin, opined by the financial journalist, John Plender, claims the leading crypto asset follows the “greater fools” scenario.
Bitcoin Obituaries List in 2022 Surpasses First 3 Years of So-Called Deaths by Year
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According to the Bitcoin Obituaries list, bitcoin has died 15 times in 2022, and the last obituary written about bitcoin’s death was on June 18, in a recent statement that said: “Bitcoin Will Not Recover.” Interestingly, Google Trends data shows that the search phrase “bitcoin is dead,” is estimated to hit an all-time high this week.
The Old Saying ‘Bitcoin Is Dead’ Comes Back to Life
In recent times, you may have heard the phrase “bitcoin is dead,” or something similar. A great number of people truly believe that....
According to the mainstream press, Bitcoin has died... Many, many times. That's why Jordan Tuwiner started Bitcoin Obituaries - to compile the many obituaries which have been written about the nascent cryptocurrency Bitcoin. He had noticed a preponderance of articles claiming Bitcoin would soon be gone. "I wanted to collect the articles and make a monument showing Bitcoin's resilience. I knew the site would be funny, but also shows Bitcoin's strength over time," Tuwiner told Cryptocoins News. Tuwiner's favorite obituary is called "So, That's the End of Bitcoin Then". The obituary states:....
Will bitcoin persist or not? There have been so many instances of the crytocurrency losing its luster only to make a comeback later on. From its introduction by Satoshi Nakamoto back in 2008 to the shutdown of Silk Road and the closure of Mt. Gox, bitcoin startups and enthusiasts have allowed the digital currency to thrive. Interestingly enough, a follower of bitcoin updates Jordan Tuwiner compiled all the negative updates on the cryptocurrency and called it the Bitcoin Obituaries, as some reports claimed the end of the currency's existence. Bitcoin Obituaries. "I wanted to collect the....